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Highly cash generative firm points out that capex requirements are greatly reduced this year
Thursday 06 Apr 2017 Author: Daniel Coatsworth

Copper miner Central Asia Metals (CAML:AIM) has hinted to Shares it may pay a special dividend later in the year if surplus cash isn’t needed elsewhere for acquisitions or exploration work.

Its capital expenditure requirements are greatly reduced this year,
having completed work to expand a tailings reprocessing operation
in Kazakhstan.

The miner already pays a generous dividend, yielding 7.1%. (DC)

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